Lake Leelanau, MI—49653
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$864,000
3.3% YoY Growth
Household Income
$85,000
30.0% YoY Growth
Days on Market
36
96.0% Longer YoY
Home Price Forecast
2.8%
Median Rent
$2,500
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,500
N/A
Home Price Trends — Lake Leelanau, MI
As of May '26, the median home price in Lake Leelanau, MI is $864,000, with a year-over-year change of 3.3%. This indicates that home prices in Lake Leelanau, MI are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $864,000 | 3.3% |
| Single Family | $866,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |